Jones Company collects 20% of a month's sales in the month of sale, 70% in the month following sale, and 6% in the second month following sale. The remainder is uncollectible. Budgeted sales for the next four months are: January February March April $200,000 $300,000 $350,000 $250,000 Budgeted Sales.... Cash collections in March are budgeted to be: $313,000 $292,000 $350,000 $295,000